Pacino’s vision for F1rst Motors involves opening more showrooms across several key locations in the world
Cars & Boats
acquisition
Abu Dhabi’s CYVN Holdings enters non-binding deal to acquire McLaren’s automotive division
The potential partnership would also see the Abu Dhabi investment firm acquiring a non-controlling stake in McLaren Group
electric cars
More UAE residents inclined to purchase EVs in next 12-months: Survey
A recent Ford survey highlighted the need for continued efforts to educate the public about EVs and address concerns about cost, range, and infrastructure
automobile industry
Chinese auto giant OMODA & JAECOO unveils pet-friendly cars, robot dogs at 2024 Global Summit
OMODA & JAECOO introduced the OMODA C7 and JAECOO J5 models during the five-day event in Wuhu, China
electric vehicle
UAE targets 50% share of all vehicles being electric by 2050 as top companies pledge support
UAE companies are pledging their support to introduce electric vehicles into their fleets
Hydrogen
Saudi Arabia launches hydrogen-powered taxi scheme
Saudi Arabia will trial use of hydrogen-powered taxis
China
Chinese EV maker NIO makes Middle East debut with UAE launch
NIO will also open its first Middle East showroom at Abu Dhabi’s Galleria Al Maryah Island this year
DEWA
Dubai issues first 2 independent electric vehicle charging station licences
Dubai Electricity and Water Authority issues charging station licences to Tesla and UAEV
car rental
Dubizzle launches Dubai car rental service
Dubizzle introduces new car rental service in Dubai
car number plate auction
RTA to auction premium 2-digit number plates in Dubai
RTA will sell off premium number plates at auction in Dubai
Dubai police
Dubai Police add Lucid Air Grand Touring to supercar fleet
Dubai Police adds high-spec Lucid electric vehicle to supercar fleet
NEOM
FIRST LOOK: NEOM unveils Sindalah Yacht Club interiors ahead of 2024 opening in Saudi Arabia
NEOM will open Sindalah Yacht Club in Saudi Arabia later this year
Dubai ride-hailing market
Yango launches B-to-B ride service in Dubai
Yango Rides for Business launches B-to-B ride service in Dubai
auto insurance
UAE insurance firm announces first flood and storm damage policy
UAE introduces third-party protection from floods and storms for motorists
Porsche announces first branded residence in Asia with $40m Bangkok apartments
Porsche Design unveils plans for luxury branded residences in Bangkok, Thailand
Electric car
Lucid boss: Saudi Arabia ‘absolutely’ set to be global automotive hub with ‘relentless pursuit of innovation’
Lucid Middle East’s VP and MD speaks to Arabian Business about the all new Jeddah facility, Vision 2030, the launch of its SUV line and more
Dubai police
Dubai Police adds new Geely cars to fleet
The specially modified Geely Tugella vehicles have been painted in Dubai Police’s green and white colours